ABN Amro preps assets for FoHFs

Fri Jun 3, 2011

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Marc de Kloe
ABN Amro Private Banking in Amsterdam is set to offer funds of funds to its discretionary and advisory client base. Depending on a client’s profile, private bankers at the Dutch bank will be allowed to recommend that 5% to 15% of a client’s portfolio can be invested in hedge funds.

The move could see the fund of funds asset flow stalemate reverse, as Marc de Kloe, senior specialist in alternative investments, predicts more than $500 million could flow in from its clients in the next 12 to 18...

ISSN: 2151-1845 / CDC10004H

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